Jefferies initiated coverage of FTAI Aviation with a Buy rating and $120 price target. FTAI’s full-suite aftermarket offering is poised to capture late-life shop visits that result from original equipment maker delays and retirement pushouts, the analyst tells investors. The FTAI value proposition is a quicker, low-cost alternative to airline maintenance, says the analyst, who notes that the firm’s EBITDA estimate in 2026 of $1.1B is 10% ahead of consensus.
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Read More on FTAI:
- FTAI Aviation Ltd. Announces Timing of Second Quarter 2024 Earnings and Conference Call
- FTAI Aviation Announces Early Tender Results for its 9.750% Senior Notes Due 2027
- FTAI Aviation announces extension of early tender deadline for senior notes
- FTAI Aviation price target raised to $105 from $85 at Morgan Stanley
- FTAI Aviation price target raised to $99 from $81 at Citi
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